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Listed by Beau McGettigan • Real of Pennsylvania
$ 1,960,000
Est. payment /mo
New
1002 BONDSVILLE RD Downingtown, PA 19335
2.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACT2129072
Year Built 1920
Annual Tax Amount $16,109
Tax Year 2025
Lot Size 2.900 Acres
Acres 2.9
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Ten-unit multifamily investment property located in Downingtown, PA. The property features a diverse unit mix of one-bedroom, two-bedroom, and three-bedroom apartments and currently generates approximately $14,150 per month in gross rental income ($169,800 annually).
The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with seven of the ten units benefiting from government-backed rental assistance. The varied unit configuration appeals to a broad range of tenants and supports strong occupancy within an established residential corridor.
Conveniently located near major employment centers, shopping, public transportation, and regional commuter routes, the property benefits from consistent rental demand and long-term workforce housing fundamentals.
This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with seven of the ten units benefiting from government-backed rental assistance. The varied unit configuration appeals to a broad range of tenants and supports strong occupancy within an established residential corridor.
Conveniently located near major employment centers, shopping, public transportation, and regional commuter routes, the property benefits from consistent rental demand and long-term workforce housing fundamentals.
This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
Location
State PA
County Chester
Area Caln Twp (10339)
Zoning C
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 15.0
Water Access N
Accessibility Other
Total Parking Spaces 15
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Coatesville Area
Others
Tax ID 39-01 -0105
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Operations Emily & Co
Director of Operations